Estimating The Fair Value Of Korea Aerospace Industries, Ltd. (KRX:047810)
Apr 11
South Korean (KOSPI) Aerospace & Defense Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies15
- 7D-1.6%
- 3M18.3%
- 1Y40.6%
- YTD21.8%
Over the last 7 days, the Aerospace & Defense industry has dropped 1.6%, driven by pullbacks in Hanwha Systems and Hanwha Aerospace of 3.2% and 0.9%, respectively. Over the past 12 months, the industry was up 41%. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the South Korean Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ₩24.1t | ₩18.9t | ₩1.6t | 13x | 15.3x | 1.3x |
| Thu, 14 Mar 2024 | ₩23.0t | ₩16.9t | ₩1.1t | 28.3x | 21.2x | 1.4x |
| Sat, 10 Feb 2024 | ₩18.6t | ₩16.9t | ₩1.0t | 28.5x | 18.1x | 1.1x |
| Mon, 08 Jan 2024 | ₩19.4t | ₩16.9t | ₩1.0t | 31x | 18.8x | 1.1x |
| Wed, 06 Dec 2023 | ₩17.9t | ₩16.9t | ₩1.0t | 24.6x | 17.4x | 1.1x |
| Fri, 03 Nov 2023 | ₩16.1t | ₩16.1t | ₩1.2t | 15x | 13.7x | 1x |
| Sun, 01 Oct 2023 | ₩15.6t | ₩16.1t | ₩1.2t | 14.9x | 13.2x | 1x |
| Tue, 29 Aug 2023 | ₩16.1t | ₩16.1t | ₩1.2t | 13.5x | 13.5x | 1x |
| Thu, 27 Jul 2023 | ₩16.8t | ₩15.5t | ₩865.0b | 20.5x | 19.5x | 1.1x |
| Sat, 24 Jun 2023 | ₩18.0t | ₩15.5t | ₩865.0b | 24.4x | 20.9x | 1.2x |
| Mon, 22 May 2023 | ₩16.8t | ₩15.6t | ₩880.5b | 28x | 19x | 1.1x |
| Wed, 19 Apr 2023 | ₩17.0t | ₩14.7t | ₩313.9b | 39.5x | 54x | 1.2x |
| Fri, 17 Mar 2023 | ₩14.1t | ₩14.6t | ₩473.4b | 26.8x | 29.8x | 1x |
| Sun, 12 Feb 2023 | ₩15.2t | ₩14.5t | ₩504.8b | 21.9x | 30x | 1x |
| Tue, 10 Jan 2023 | ₩13.0t | ₩14.5t | ₩504.8b | 16.9x | 25.7x | 0.9x |
| Thu, 08 Dec 2022 | ₩13.2t | ₩14.5t | ₩504.8b | 16.7x | 26.2x | 0.9x |
| Sat, 05 Nov 2022 | ₩14.4t | ₩14.1t | ₩374.8b | 25.1x | 38.5x | 1x |
| Mon, 03 Oct 2022 | ₩13.1t | ₩14.1t | ₩374.8b | 24.2x | 35x | 0.9x |
| Wed, 31 Aug 2022 | ₩16.4t | ₩14.1t | ₩364.5b | 33.3x | 45x | 1.2x |
| Fri, 29 Jul 2022 | ₩13.7t | ₩14.0t | ₩436.0b | 28.3x | 31.4x | 1x |
| Sun, 26 Jun 2022 | ₩12.7t | ₩14.0t | ₩436.0b | 26.2x | 29.1x | 0.9x |
| Tue, 24 May 2022 | ₩13.9t | ₩14.0t | ₩438.0b | 33.9x | 31.7x | 1x |
| Thu, 21 Apr 2022 | ₩13.4t | ₩13.7t | ₩505.2b | 30.3x | 26.5x | 1x |
| Sat, 19 Mar 2022 | ₩12.9t | ₩13.2t | ₩513.2b | 26.1x | 25.2x | 1x |
| Mon, 14 Feb 2022 | ₩11.7t | ₩13.2t | ₩509.2b | 24x | 23x | 0.9x |
| Wed, 12 Jan 2022 | ₩12.2t | ₩13.2t | ₩509.2b | 24.7x | 23.9x | 0.9x |
| Fri, 10 Dec 2021 | ₩11.4t | ₩13.2t | ₩508.8b | 23.9x | 22.5x | 0.9x |
| Sun, 07 Nov 2021 | ₩10.7t | ₩12.9t | ₩458.8b | 25.2x | 23.4x | 0.8x |
| Tue, 05 Oct 2021 | ₩12.2t | ₩12.9t | ₩458.8b | 25.8x | 26.5x | 0.9x |
| Thu, 02 Sep 2021 | ₩12.6t | ₩13.1t | ₩432.0b | 31x | 29.3x | 1x |
| Sat, 31 Jul 2021 | ₩11.9t | ₩13.1t | ₩432.0b | 27.1x | 27.6x | 0.9x |
| Tue, 04 May 2021 | ₩9.6t | ₩12.3t | ₩394.3b | 26.6x | 24.3x | 0.8x |
Price to Earnings Ratio
24.3x
Current Industry PE
- Investors are pessimistic on the South Korean Aerospace & Defense industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 26.2x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 59% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Industrials industry?
| KR Market | -1.63% | |
| Industrials | -1.22% | |
| Aerospace & Defense | -1.61% | |
| Aerospace and Defense | -1.61% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A012450 Hanwha Aerospace | ₩211.50k | 1.2% +₩126.4b | 94.2% | PE13.1x | |
| A318660 TIME Technical Support | ₩1.90k | 2.7% +₩106.1m | 2.7% | n/a |
